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The Boston Globe

Business

Chairman and CEO raise their offer for NTS Realty Holdings

NTS Realty Holdings LP said its chairman and chief executive have raised their offer to take the real estate company private — valuing it at about $81 million. Chairman J.D. Nichols and CEO Brian F. Lavin are now offering $7.30 per limited-partnership unit, a 47 percent premium to NTS’s Tuesday closing price, Dow Jones reported.

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